Golden Shield ICICI Lombard General Insurance Co Ltd
Golden Shield is ICICI Lombard’s special health insurance plan for senior citizens aged 56 years and older. The company understands that as we age, our body needs change and we need special care and treatment to keep ourselves fit and healthy. The plan offers senior citizens the benefit of free health check-ups every year, tax benefits under Section 80D of the Income Tax Act, 1961, and coverage for road and air ambulance services.
Highlights of Golden Shield by ICICI Lombard Health Insurance
Network Hospitals Available - 9500+
Waiting Period for Pre-existing Diseases (PED) – 24 months
Claims Settlement Ratio – 99.7%
Policies Issued – 40,000+
Pros & Cons of Golden Shield by ICICI Lombard
Quick Answers to all Health Insurance Questions
ICICI Lombard
Insurance Company
ICICI Lombard Health Insurance Company Ltd is a leading private general insurance company that offers a range of comprehensive and well-diversified products through multiple channels of distribution. This customer-centric company has a legacy of over 2 decades and is committed to its loyal customers. ICICI Lombard has over 312 branches with over 13,670 employees as of March 31, 2024. The insurer has issued over 36.2 million policies, honored over 2.9 million claims, and has a Gross Written Premium (GWP) of ₹255.94 billion for the year ended March 31, 2024.
Claims Experience
Claim Settlement Ratio (No. of claims) No. of Cashless Hospitals Claims Incurred Ratio Benefits of Golden Shield by ICICI Lombard
| In-patient Hospitalization | |
| ICU Rent Limit |
Covered |
| Room Rent Limit |
Twin sharing (for SI below INR 10 Lacs) Single AC room (for SI above INR 10 Lacs) |
| Pre & Post Hospitalization | |
| Post-hospitalization expenses are covered |
as mentioned in the policy document of the plan |
| Post-hospitalization expenses are covered for up to |
180 days after the date of discharge from the hospital |
| Pre-hospitalization expenses covered |
as per the policy document of the plan |
| Pre-hospitalization expenses are covered up to |
60 days before hospitalization |
| Day Care Treatment | |
| No. of treatments covered |
150+ Daycare treatments covered |
Sahi Advice,
Sahi Insurance
If you have any questions on how to choose the best insurance plan, you can connect with our IRDAI certified insurance advisors.
Paybima is the digital platform of Mahindra Insurance Brokers Ltd
Experience
Strong Team
Advisors
Ask Anything as We Have Answers to Everything in Insurance
Some of the most popular insurance products offered by ICICI Lombard General Insurance are:
- Travel Insurance
- Bike Insurance
- Motor Insurance
- Home Insurance
- Health Insurance
- Business Insurance
The plan is designed to cover a wide array of treatment costs, such as:
- Maternity benefit
- Pre- and post-hospitalisation expenses
- Emergency services
- Outpatient treatment
- Day care procedures
- Donor expenses
Generally, expenses related to hospitalisation due to pregnancy-related complications, infertility, or abortions are excluded from coverage under the plan.
No, every insurer has a specific claim settlement ratio and it would not settle more than that. For instance, if the insurer has a 95% CSR, it means that it pays out 95 out of 100 claims received.
Yes, you are free to buy multiple health insurance policies from different insurers. This would ensure you wider coverage and also a variety of benefits.